The U.S government has partnered Johnson & Johnson and Moderna to facilitate the production of the possible COVID-19 vaccine in large quantities.
Five pharmaceutical companies across the globe lead the race in producing the first approved COVID-19 vaccine. Wall Street is likewise on alert for banking on the first company to produce an efficient one.
Tesla seems to be an all-weather stock. It could still remain a leading stock during this turbulent period for several reasons. Despite the recent fall, today TSLA is up.
General Electronic workers protest at the company’s headquarters after the announcement of a possible lay-off. However, GE stock shows a positive tendency.
Ford (F) stock price is unstable while the company is preparing to produce 50,000 GE ventilators in collaboration with Generic Electric to help coronavirus patients.
Market volatility remains high. That we’re in a recession is not a matter of doubt. At this point, it’s a question of mitigating its severity.
Facebook (FB) jumped 5.84%, approximately $9.16 yesterday, In the pre-market, it is still gaining and has reached $166,20. JPMorgan and JMP Securities have reduced their price target of the stock to $215, which reciprocates to approximately 30% gains.
Though Bitcoin (BTC) is experiencing its worst sell-off in the last 7 years, the smart money is preparing for a golden bull run after the next halving that is said to happen in 43 days.
The works on the development of Ethereum 2.0 are going on. The multi-client testnet is scheduled for April.
Millions of Americans already have been laid off as states and localities shut down nonessential businesses. About 3.3 million people have filed for unemployment benefits in U.S.